Latest Stock Market News

Maruti Suzuki India and Eicher Motors experienced a surge in shares following strong sales figures in January 2025. Maruti Suzuki reported record sales, including a substantial rise in exports, while Eicher Motors saw significant growth in motorcycle sales, driven by the popularity of Royal Enfield models.

GR Infraprojects share price: The company s revenue from operations declined by 20.6%, totaling Rs 1,695 crore, down from Rs 2,134 crore in Q3 of the previous year. On the operating side, EBITDA fell by 27.1%, reaching Rs 369.8 crore.

JM Financial recommends buying Dr. Lal Pathlabs with a target price of Rs 3,600, citing a potential 25% upside. The company s Q3 earnings show an 11% revenue increase driven by sample volume growth. Future prospects include adding new labs and sustained margins above 27%. Currently, Dr. Lal Pathlabs’ stock trades near a reasonable valuation, prompting the upgrade.

Indian equity indices Sensex and Nifty opened lower on Monday due to negative cues from Asian markets following US President Trump s tariffs on Canada, Mexico, and China. This has raised fears of a broader trade war, impacting global growth and causing market capitalisation to decline significantly.

Technically, experts suggest that the immediate support levels for the market are the 20-day exponential moving average (DEMA) range of 23,400 to 23,350. In the event of any downward movement, the key support zones to watch for this week are 23,100 and 22,800.

The announcement, made by Finance Minister Nirmala Sitharaman in her Budget 2025 speech, marks a significant shift for the sector. The new FDI cap will apply to firms that reinvest all of their premium revenues within India, encouraging more foreign investment in the country’s underpenetrated insurance market.

HDFC Securities maintains a reduce rating on Tata Motors, targeting Rs 718 due to challenging global macro environments impacting their JLR business. Key factors include higher discounting, increased warranty costs, and an ageing portfolio. However, growth is expected in CV and CNG segments due to infrastructure and construction activities pick-up.

Nine NSE large-cap stocks showed an RSI Trending Up signal on February 1, indicating strengthening momentum and potential upward movement, as per StockEdge data, with RSI crossing above 50.

The Union Budget balances tax relief, fiscal discipline, and capex allocation, creating new growth opportunities, particularly in consumption stocks. Brokerages highlight a shift towards immediate economic gains, with a focus on boosting consumption and agriculture. HDFC Securities notes that stimulating consumption now could drive private and public capex revival in the medium to long term.

Motilal Oswal Financial Services recommends a buy call for Indian Oil Corporation with a target of Rs 145. Current market price is Rs 128.5. Indian Oil, a major player in the gas and petroleum sector, reported a total income of Rs 195036.06 crore for Q3 2024. Multiple projects planned till FY27 are expected to drive future growth.